Hainan Meilan International Airport Company (HK:0357) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Hainan Meilan International Airport Company has announced a new loan agreement with lenders including CDB Hainan Branch and ICBC Haikou Jiangdong Sub-branch, with the loan amounting to RMB6.36327 billion, equally divided between the company and its parent. This new financial arrangement, aimed at supporting the airport’s construction project, is classified as a major transaction under Hong Kong’s listing rules and will require shareholder approval. The move underlines the company’s strategic efforts to enhance its infrastructure while maintaining financial transparency.
For further insights into HK:0357 stock, check out TipRanks’ Stock Analysis page.